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Condo Foreclosures in Medon, TN

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Medon, TN Foreclosures

How much do homes sell for in Medon, TN?
The average home price is currently $160,472.
What’s the average rental cost in Medon, TN?
The average rental price in Medon is $933.
What is the most expensive home in Medon?
The most expensive home sold in Medon had a price of $1,772,001.
What is currently the cheapest priced home in Medon, TN?
The cheapest home for sale in Medon is priced at $2,765.

Living in Medon, TN

Medon, TN is a peaceful small town in Madison County that offers a friendly rural lifestyle with access to nearby urban amenities. The community values its educational institutions and outdoor activities, making it an ideal location for families and individuals looking for a slower pace of life. With beautiful landscapes and a strong sense of community, Medon is a hidden gem in Tennessee.

Current Market Conditions in Medon, TN

The real estate market in Medon, TN is currently stable, with a gradual increase in home prices over the past few months. The demand for homes in this area has maintained a slow but steady growth, particularly appealing to families looking for affordable housing in a serene environment.

Properties in Medon are typically priced lower than those in larger cities, making it a great location for first-time homebuyers. The local market is characterized by a blend of older homes and new constructions, catering to various buyer preferences.

Home Value Estimator For Medon, TN

There are currently 1,284 real estate properties in Medon, TN, with a median automated valuation model (AVM) price of $119,462.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Medon, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Medon, TN, is $160,472.00, with the most expensive house in Medon, TN, topping out at $1,772,001.00 and the cheapest home in Medon, TN, clocking in at $2,765.00. In other words, there’s something for every potential homebuyer or savvy investor in Medon, TN!

Rent Prices In Medon, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Medon, TN, is on a rollercoaster ride. The average rent price in Medon, TN, is $933.00. Indeed, when looking to rent in Medon, TN, you can expect to pay as little as $510.00 or as much as $1,940.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Medon, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Medon, TN Condos


Market Trend for Medon, TN

Total Listings Available: 0

Market Values:

Home Prices from $2,765 to $1,772,001

Average Sales Price: $160,472

Rental Values:

Rental from $510 to $1,940

Average Rent Value: $933 / month

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